St Louis Real Estate Search

Seller's Market Real Estate

Understanding the 'Seller's Market'

Seller's market is simply a real estate market that favors the home seller due to a limited supply of housing.   This could pertain to the overall market conditions, or those of a sub-market, such as a neighborhood, or particular size or price range.   Seller's market is a moniker for a real estate market with 4 or less months worth of available homes for sale.   This is determined based upon the average number of homes sold annually in a given market, and dividing by 12, then  dividing the number of active listings by that product (average homes sold per month) to get the number of months of 'inventory.'

The process of home buying and selling changes drastically when the market shifts from a buyers to a seller's market or from a seller's market to a buyer's market.  Public perception is that market shifts are less frequent and occur after years, but on a smaller scale,  market shifts can occur many times a year based upon the number of homes available.   If a neighborhood averages 2 sales per month, competetive real estate processand there are 8 homes on the market, they have 4  months of inventory.   If 4 more homes are listed for sale, then that neighborhood has experienced the shift.   

Seller's markets often see multiple offers, escalation clauses, 'auction effect' on prices, and very low days on market.  Buyer's must spend more time looking, must be prepared to view and make offers as soon as a home becomes available and can often times make offers on several homes before having an offer accepted.   In many cases, homes are sold for considerably more than the asking price.   During seller's markets, often times the deciding factor on which offer is selected is based upon how large of a downpayment, whether a loan is required, which financing is most likely to be issued, and which contingencies are added to the contract.

Lastly, seller's markets, plus the advent of social media, have caused a great deal of 'off market' or 'pocket' listings.  Realtor only networking groups on social media announce 'coming soon' listings so agents can position their buyer's for success. 

Below, our search covers three communities known for being a seller's market in the St. Louis area:   Glendale, Kirkwood, and Webster Groves

Kirkwood, Webster & Glendale --Seller's Markets

$309,900
3 Beds 2 Baths 26056808 MLS ACTIVE Status Briar Hill Farm Ii Condo T BLDG.
Discover refined, effortless living in this beautifully appointed residence, ideally situated within an inviting, tree-lined community offering an exceptional blend of comfort, elegance, and convenience. From the moment you arrive, manicured garden beds and a secure entry create a welcoming first impression. Step inside to a spacious, open-concept interior filled with abundant natural light and thoughtfully designed living spaces. The inviting living room is anchored by a handsome brick fireplace, creating a warm and sophisticated focal point. The door opens to a private deck, providing the perfect setting for morning coffee, evening cocktails, or effortless outdoor entertaining. The luxurious primary suite is designed as a private retreat, featuring a generous walk-in closet with built-in organizers and a beautifully appointed en-suite bath with an oversized walk-in shower. The spacious second & third bedrooms offer exceptional storage and are conveniently located across from the additional full bath. The well-designed kitchen offers a functional layout with a convenient pass-through window overlooking the dining area, creating an easy flow for entertaining and everyday living. A private laundry room with a full size washer & dryer adds to the home's thoughtful functionality. Additional highlights include an attached two-car garage and secure storage area, providing both convenience and peace of mind. Residents enjoy an array of desirable community amenities, including a sparkling swimming pool, tennis courts, and clubhouse, all surrounded by beautifully landscaped, walkable grounds. Perfectly positioned near West County Mall, area schools, Des Peres Park, premier shopping, dining, hospitals, and everyday conveniences, this exceptional residence offers a sophisticated lifestyle in an enviable location. Beautifully presented and move-in ready, this is an opportunity to enjoy elevated, carefree living in a truly special setting

1968 Meadowtree Ln Unit 5, Kirkwood

$425,000
3 Beds 2 Baths 26040369 MLS ACTIVE Status
Warning: this 103-year-old cottage in Kirkwood is about to steal your heart! The full-width covered front porch is like a big ol' hug from your favorite aunt - it's just begging you to sit back, relax, and watch the world go by! The sun-drenched living room is the perfect spot to throw those epic parties that'll be the talk of the town (and the 'gram). Through an archway your soon-to-be legendary dinner parties will commence and be the talk of the neighborhood. And don't even get me started on the galley kitchen - it may be small, but it's packing some serious punch with all those cabinets, counters, and fancy appliances! The breakfast area is like a bonus room (hello, home office or reading nook!) and the family room is basically the coziest spot on earth with its wall of windows, gas fireplace, and easy-peasy flooring. And let's not forget the half bath - because, let's be real, it's all about the little things in life. Upstairs, you'll find three spacious bedrooms with hardwoods and neutral paint (because who doesn't love a good blank canvas?) and an updated guest bathroom. The level and fenced backyard is basically a doggone paradise (or a kiddo's dream come true), and the oversized two-car garage is like the cherry on top of this Kirkwood charm sundae. So, if you're tired of the same old boring homes, come on down to 727 and get ready to fall head over heels for this old-world charmer! The only thing missing here is YOU!!!

727 Evans Ave, Kirkwood

$289,900
3 Beds 1 Baths 26051735 MLS ACTIVE Status
Welcome to this charming 3-bedroom, 1-bathroom ranch located in the heart of Webster Groves! With parks within walking distance, easy highway access, and plenty of nearby shopping, dining, and entertainment, this home offers a location that is hard to beat. As you step inside, you’ll immediately notice the beautiful hardwood floors that run throughout the main level and are in excellent condition. The kitchen has been nicely updated and features newer stainless steel appliances, newer cabinets, quartz countertops, and ceramic tile flooring, creating a clean and functional space with plenty of room for everyday use. The freshly updated bathroom features a tub and shower with modern finishes. All three bedrooms are generously sized and offer plenty of natural light and closet space. One of the highlights of the home is the sunroom located just off the kitchen and living room. This space provides the perfect spot to enjoy your morning coffee, unwind at the end of the day, or simply enjoy a peaceful moment overlooking the yard. The home also features a one-car garage for additional parking and storage. Downstairs, the unfinished basement provides plenty of additional storage space and offers great potential for a future finished area, home gym, workshop, or additional entertaining space. To top it all off, the AC is brand new, providing added peace of mind for the next owner. With its updated features, spacious layout, beautiful hardwood floors, and prime Webster Groves location, this home is ready for its next owner. Schedule your showing today!

907 Edgar Rd, Webster Groves

$309,000
3 Beds 2 Baths 26045802 MLS ACTIVE Status
**SELLER FINANCING OPTION AVAILABLE — 5% DOWN, NO BANK QUALIFYING!!** Seller financing available on this property, offering qualified buyers an alternative to traditional mortgage financing. Down Payment: 5% Interest Rate: 6.3984% fixed Amortization: 30 years Term/Maturity:5 years Monthly Payment: $2,450/month, including estimated principal, interest, and property taxes. Welcome to Webster Groves! This beautifully updated home is ready for its next owner. You'll appreciate the convenience of off-street parking for two vehicles, including a covered carport. The side entrance provides easy access to the kitchen, making unloading groceries simple, while guests are welcomed through the covered front porch into a bright, inviting living room that flows seamlessly into the kitchen. The main level features refinished hardwood floors, while the lower level offers new luxury vinyl plank flooring. The updated kitchen includes granite countertops with generous seating, stainless steel appliances, and updated lighting, making it a functional space for everyday living and entertaining. Down the hall are three comfortable bedrooms with ample closet space and a full bathroom featuring custom cabinetry. The primary bathroom has been refreshed with a new vanity, flooring, and paint. The finished lower level provides exceptional flexibility with multiple finished spaces that can be used as a recreation room, home office, fitness area, hobby room, or additional living space to fit your needs. Fresh paint and updated lighting create a bright, welcoming atmosphere throughout. Conveniently located in the Webster Groves School District, this move-in-ready home offers updated finishes, flexible living space, and a location close to shopping, dining, parks, and major commuter routes. **Agent Owned.**

609 N Elm Ave, Webster Groves

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